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Noram Ventures settles overstaking claim at Zeus lithium property in Nevada

Noram Ventures Inc. settled its legal claim against Centrestone Resources LLC related to the latter trespassing over the former's Zeus lithium property in Clayton Valley, Nevada.

The company said Jan. 11 that it agreed to abandon its claim in exchange for Centrestone's complete withdrawal from the Zeus property and the dismissal of the countersuit against Noram.

"The company … can now move forward with the aggressive development of the inferred resource on the Zeus property," President and CEO Mark Ireton said.